Real Estate Investing in Logan, Alabama (35098)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35098 (Logan, AL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 17.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.8 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Logan, AL (35098)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 35098 Logan
Investors eyeing 35098 need to respect the fundamentals at play. Home values of $254K come alongside slower price movement and elevated management overhead.
Rent of $819/mo on a $254K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 35098 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 35098 among AL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 35098 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 35098 is an operator game, not a passive one. Looking more closely, entry prices of $254K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Logan:
Market Trends
Home Value History (with trend line)
📊 How Does 35098 Compare?
| Metric | 35098 | Logan | Cullman, AL | Alabama |
|---|---|---|---|---|
| Home Value | $253,767 | $253,767 | N/A | $231,003 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 5.6% |
| Avg Rent | $819 | $819 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 35098 (Logan, AL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 35098 (Logan, AL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $253,767 |
| Monthly Rent | $819 |
| Price-to-Rent | 25.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 35098
Population: 1,118
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 35098
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Which real estate strategy fits Logan, AL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Logan, AL. The numbers - $254K homes against $819/mo rents - support that play.
How landlord-friendly is Logan, AL?
Landlord-friendliness in Logan, AL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How strong is the working-renter base in Logan, AL?
The renter base in Logan, AL is reasonable for the $819/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
Is Logan, AL suited for a house hack?
For house hackers, Logan, AL is a challenging. The $819/mo rent on a unit helps defray the mortgage on a $254K property.
Are there empty rentals in Logan, AL?
Logan, AL sees elevated vacancy, which is reasonable relative to the broader AL rental market.
You know 35098 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 35098 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 35098 ranks in Cullman, AL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 35098 (Logan)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 35098 (Logan, AL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.